Property score
75.2
Good
Overall 75.2 · Smaller than most nearby homes
1,280 sqft (bottom 3%) · Built in 2014 (1 yr older than avg)
Located in a high-income area with median household income of ~103k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 park nearby
ਰਹਿਣ ਵਾਲਾ ਖੇਤਰ
Below average
37% smaller than neighborhood avg.
ਤਰੀਕ ਤੋਂ ਬਣਿਆ
Near average
1 yrs older than neighborhood avg.
Mother tongue
English · 40%Chinese · 21%
Past 10 years Bridgwater Lakes sales snapshot (~80% of all data)
738
647.5k
$319/sqft
2015
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75.2 is composed by the two sections below.
Property Score
Community Score
Bridgwater Lakes
How to read: Share of sales in each ~$50k price band for “bridgwater lakes” (ਡੀਟੈਚਡ ਘਰ (ਕੋਂਡੋ ਨਹੀਂ), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111257
$103K
Median household income
$120K
Average household income
14%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.4
P90 / P10 ratio
13%
Single-person households
44%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
ਜ਼ਮੀਨ: ਵੱਡਾ ਖੇਤਰ = ਬਿਹਤਰ ਰੈਂਕ
ਸਾਲ: ਨਵਾਂ = ਬਿਹਤਰ ਰੈਂਕ
ਰਹਿਣ ਖੇਤਰ: ਵੱਡਾ = ਬਿਹਤਰ ਰੈਂਕ
ਮੁਲਾਂਕਣ: ਉੱਚਾ ਮੁੱਲ = ਬਿਹਤਰ ਰੈਂਕ
ਬਾਰ: ਭਰਨ ਦੀ ਲੰਬਾਈ ≈ ਤੁਸੀਂ ਕਿੰਨੇ ਸਹਿਪਾਠੀਆਂ ਨੂੰ ਪਛਾੜਦੇ ਹੋ; ਧੁਰੀ ਉੱਤੇ ਲਾਲ → ਪੀਲਾ → ਨੀਲਾ ਗਰੇਡੀਐਂਟ (ਖੱਬੇ ਤੋਂ ਸੱਜੇ)। ਟੂਟੀ ਲੰਬਵਤ ਲਕੀਰ ≈ ਮੀਡੀਅਨ ਬੈਂਚਮਾਰਕ; ਚਿੱਟਾ ਟਿਕ (ਹਲਕੀ ਛਾਂ) = ਤੁਹਾਡੀ ਸਥਿਤੀ। ਬੈਜ ਰੰਗ / diamond ਤੇ flame ਆਈਕਨ ਅਜੇ ਵੀ ਟਾਇਰ ਦੇ ਅਨੁਸਾਰ।
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
ਨੇੜੇ ਦੇ ਸਟਾਪ, ਰੂਟ ਅਤੇ ਟ੍ਰਾਂਜ਼ਿਟ ਸਕੋਰ
Dining, education, healthcare, shopping & more
20 Red Spruce Road — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 119 m).
Bridgwater Lakes · WPS public data · 2026
Annual incidents
2
2026
vs. city avg
-93%
relative to avg
Year-over-year
▼ -96%
vs. prior year
Primary type
Other
50%
ਉਹੀ ਸਟ੍ਰੀਟ
ਉਹੀ ਇਲਾਕਾ
ਪੂਰਾ ਸ਼ਹਿਰ
| ਮਾਪ | ਉਹੀ ਸਟ੍ਰੀਟ | ਉਹੀ ਇਲਾਕਾ | ਪੂਰਾ ਸ਼ਹਿਰ |
|---|---|---|---|
ਵਿਕਰੀ ਮੁੱਲ | ਹੇਠਲੇ 1% | ਹੇਠਲੇ 3% | ਟਾਪ 39% |
Request exact figures by email
Address · Year Built · Living Area
ਪਤਾ · ਦੂਰੀ
Property Summary: 20 Red Spruce Road, Bridgwater Lakes
Section 1: Key Characteristics & Appeal
This 2014-built, one-storey home in the Bridgwater Lakes neighbourhood offers a practical, low-maintenance living option on a good-sized lot. Its key characteristics include a 1,280 sqft living area, a full (but unfinished) basement, and a detached garage. The home’s primary appeal lies in its modern build year within a popular, master-planned community, offering newer infrastructure and amenities. The lot size of nearly 4,500 sqft is a notable asset, providing ample outdoor space relative to many newer subdivisions.
This property would best suit first-time buyers, downsizers, or investors seeking an entry point into a desirable area. It’s a home that presents a solid foundation—literally, with its unfinished basement offering potential for future customization. The data suggests it’s a value-oriented option within Bridgwater Lakes, likely appealing to those who prioritize location and lot size over a larger or updated interior. A thoughtful perspective is that this home represents a “blank canvas” opportunity in a neighbourhood where many homes are more finished; the value may be in what you can add to it over time, rather than what it includes now.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street and in Bridgwater Lakes?
The data indicates this home is more modest in size and assessed value compared to most of its immediate neighbours. Its living area and assessed value rank in the lower tiers for the street and neighbourhood, but its lot size is above average. This suggests it’s a more affordable option in the area.
2. What does the assessed value history tell us?
The assessed value is $47,900. It last sold in June 2019 for $37,900. This increase is in line with broader market trends over that period. The current assessment is significantly lower than some nearby comparable homes, which may reflect its more basic finish level and smaller size.
3. Is the unfinished basement a drawback or an opportunity?
This depends on the buyer’s vision and budget. It’s a drawback for those seeking immediate, turn-key living space. However, it’s a clear opportunity to add significant value and customize the home to your needs, as the core structure and plumbing/electrical rough-ins are already in place.
4. Who is the typical buyer for a home like this?
Given its profile, it’s likely attractive to pragmatic buyers. This includes first-time buyers wanting a newer home in a good community without a premium price, or downsizers looking for single-level living who are comfortable with a project. Investors may also see potential for a rental or a value-add renovation.
5. The lot is larger than many—what are the implications?
A larger lot in a newer community like Bridgwater Lakes is a lasting advantage. It provides more private outdoor space, better potential for landscaping or gardening, and possibly more future flexibility (like adding a deck or shed) compared to homes on tighter lots. It’s a feature that becomes increasingly valuable over time.
